Copyright FOURIN, Inc. 2023
TELD Controls Over 40% of China’s BEV Charging Market
|This report includes information on the following topics:
- BEV chargers
- charging infrastructure
- big data
- charging terminals
- market share
- company profile
- joint venture
- Star Charge
- EV Power
- BMW Group
- Geely Automobile
- Hunan Longxiang TELD New Energy
- Longxiang Group
- Hunan Youche
- smart charging
- cloud business
- charging network development
- privately-owned vehicles
- number of charging terminals installed
- State Grid Electric Vehicle Service
- State Grid Corporation of China
- Dongfeng Motor
- Yutong Bus
- King Long Motor
- JAC Motors
- Gotion Hi-Tech
- EVE Energy
- charging service management system
- congestion status
- private and corporate clients
- QR code
- plug recognition
- payment methods
- result forecasting
- operating efficiency
- cost reduction
- product overview
- Master Control Box
- High Power DC Quick Charger
- DC Charger
- DC Quick Charger
- AC Charger
- Three-phase AC Charger
- Wall-mounted Single-phase AC Charger
- Multi-function Charger
- charging modes
- power output range
- number of charging terminals supported
- floor-standing type
- box-type substations
- recent business trends
- Ping An International Financial Leasing
- Duolun Automobile Inspection Group
- public listing
TGOOD New Energy (TELD) is a Chinese company engaged in the manufacture and sale of BEV chargers, the construction and operation of charging infrastructure, and big data services related to charging. According to TELD’s PR materials released in December 2021, the company has installed approximately 368,000 charging terminals in 350 cities in China and its cumulative charging amount was about 10.27 billion kWh. The company’s daily charging amount was about 13 million kWh. TELD's market share in terms of charging amount is over 40% in China.
TELD: Company Overview and History (As of January 2022)
||TGOOD New Energy Co., Ltd.
||Founder and General Manager Guo Yongguang
||Qingdao city, Shandong province
||929.98 million CNY
||Qingdao TGOOD Electric 81.21%, China State-owned Enterprise Structural Adjustment Fund 3.82%, etc.
||Construction and operation of charging infrastructure for new energy vehicles
||1,200 people (R&D personnel)
||- Guo Yongguang: Founder and General Manager. Formerly employed as North China Regional Manager of Inspur, North China Regional Manager of Microsoft (China) and Medium and Small Business Division Manager of Oracle. Joined Qingdao TGOOD Electric in 2014.
- Yu Dexiang: Executive Chairman. Also serves as the Chairman of the Board of the parent company, Qingdao TGOOD Electric.
・Sep. 2014: Predecessor Qingdao TGOOD Automobile Charging Co., Ltd. was established.
・Feb. 2015: Established a joint venture Hefei Gotion TELD with Gotion Hi- Tech (also called Guoxuan Hi-Tech) to provide design, construction and management of charging infrastructure.
・May 2015: Renamed to Qingdao TGOOD New Energy.
・Aug. 2015: Established Qingdao Smart Charging Engineering Technology Research Center.
・Mar. 2016: Established a joint venture Chongqing Changan TELD New Energy with Changan Automobile to provide charging network construction and management.
・Jun. 2016: Began charging infrastructure construction for new-energy vehicles in Anqing city, Anhui province.
・Sep. 2017: Concluded an agreement with Star Charge, Potevio and EV Power to jointly build BMW Group’s charging network.
・Dec. 2018: Signed a strategic partnership agreement with CATL and Geely Automobile to build a charging system that emphasizes battery safety.
・Jan. 2019: Renamed to TGOOD New Energy.
・Nov. 2019: Established a joint venture Hunan Longxiang TELD New Energy with Longxiang Group and Hunan Youche to build and manage a charging network in Hunan province.
・May 2020: Signed a partnership agreement with Huawei to cooperate in various areas including smart charging, cloud business and charging network development.
(Created using TELD’s PR materials and various media sources)